Orrick and Akin Gump call off merger talks
Orrick Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld have called off merger discussions just six days after the firms acknowledged they were in "preliminary" talks over a tie-up, reports The Am Law Daily. In a statement, an Orrick spokesperson said: "Orrick and Akin Gump have mutually agreed to conclude preliminary discussions regarding the possibility of a merger. "The firms appreciated the opportunity to have the discussions, which confirmed their mutual respect for one another. However, the firms have determined not to proceed."
Orrick Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld have called off merger discussions just six days after the firms acknowledged they were in “preliminary” talks over a tie-up, reports The Am Law Daily.
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